Scranton Area Community Foundation - Company Research Report

Company Overview

Name: Scranton Area Community Foundation (SACF)

Mission: The Scranton Area Community Foundation responds to community needs and opportunities with grants in diverse fields such as health, education, arts, environment, human services, and civic affairs. SACF aims to empower and transform communities through innovative and impactful philanthropic activities.

Founded: 1954

Founders: The Scranton Family

Key People:

Laura Ducceschi - President and CEO

Ellen Burkey - Board Chair

Vivian Williams - Director of Community Impact

Headquarters: 615 Jefferson Ave. Suite 102, Scranton, Pennsylvania 18510

Number of Employees: No information is available

Revenue: No information is available

Known For:

Managing 300+ charitable funds

Managing assets of more than $44 million

Distributing over $5 million in grants and scholarships annually

Known for addressing regional challenges and empowering local organizations and communities

Products/Services

Charitable Planning

Description: Helps individuals in Northeastern Pennsylvania meet personal finance goals while making a difference for the future. Service offerings include bequests, charitable gift annuities, estate/legacy planning, etc.

Key Features:

Personal finance goal alignment

Lifetime investment through charitable services

Foundation Management

Description: Provides management services to private and public foundations, reducing overhead costs and increasing fund distribution capabilities.

Key Features:

Operations, grant-making, accounting, and reporting services

Professional and thorough back-office support

Community Initiatives

Description: A series of programs addressing diverse community needs.

Key Features:

Women in Philanthropy: Empowering women, girls, and their families through education, entrepreneurship, financial education, and health.

NEPA Moves: Addressing transportation challenges in Northeastern Pennsylvania.

NEPA Gives: Annual giving event raising significant funds for local nonprofits.

Center for Community Leadership and Nonprofit Excellence: Offers education and training to local nonprofits.

NEPA Thrives: Workforce development and equity-driven initiatives.

NEPA Animal Welfare Collaborative: Focus on improving animal welfare in the region.

Recent Developments

New Partnerships

National Economic Mobility Action Network: SACF was selected as one of 10 foundations nationwide to join this network funded by the Bill & Melinda Gates Foundation, focusing on advancing economic mobility and equity in the region.

New Programs

NEPA Thrives: An equity-driven initiative to address workforce challenges, skills training, digital literacy, and affordable childcare.

NEPA Animal Welfare Collaborative: Expanded efforts to improve animal welfare through collective action of local shelters and advocacy groups.

New Products Launched

NEPA Learning Conference: Hosted every two years to offer extensive training and networking opportunities for nonprofit professionals.

Recent Achievements

70th Anniversary Celebration: In 2024, SACF celebrated 70 years of dedicated service and impactful philanthropy.

5th Annual NEPA Gives: Raised over $1.23 million in 24 hours for 241 local nonprofit organizations, marking a record-breaking year.

New Features Added to Existing Products

Women in Philanthropy: New priority areas include Civic Engagement and Advocacy, Affordable Childcare, and Affordable Housing to address emerging community needs.

Upcoming Events

Matched Savings Program Graduation Ceremony: Scheduled for October 22, 2024.

Women in Philanthropy Annual Celebration: Scheduled for November 7, 2024.

SACF’s 70th Anniversary Annual Celebration: Scheduled for December 5, 2024.

Lunch & Learn Sessions: Topics include data's impact on funding, marketing events, and more, with expert-led workshops.

Conclusion

The Scranton Area Community Foundation has demonstrated a significant impact on the community through its various initiatives, partnerships, and philanthropic efforts. Their continued focus on diverse community needs showcases their commitment to fostering well-rounded development and support in the region.